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Morgan Stanley Seals Record Commercial Property Deal
22.02.2013 23:21
Morgan Stanley Seals Record Commercial Property Deal
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American investment fund Morgan Stanley Real Estate Investing has confirmed it is the new owner of the Metropolis mall. 

According to Jones Lang LaSalle, a consultant of the deal, it is the largest commercial property contract in Russia. 

The terms of the deal have not been disclosed but reports estimate it at $1.2 billion.

Its previous owner, Capital Partners, have been looking for an investor since 2007. 

Located near metro station Voykovskaya, the Metropolis mall boasts a trading floor of 205,000 sq.m.

Author: Mikhail Vesely

Tags: Morgan Stanley Metropolis mall metro station Voykovskaya Capital Partners  

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